6252 State RdBancroftMI48414
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 6252 State Rd, Bancroft, MI, 48414 in Bancroft. At $204,999 it earns $1,576/mo in rent and distributes $224/mo to the owner after the $922/mo payment, a consistent 9.22% yield. DSCR 1.71 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $56,637 in value; $1,888/yr in principal paydown compounds ownership stake. Total projected return: $92,516.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.0% |
| Monthly Cash Flow | $224 | $400 |
City averages based on Bancroft market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,576 |
| Total Monthly Debt Service | $1,270 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48414, Bancroft, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 991 (100%) |
| Owner Occupied HU | 825 (83.2%) |
| Renter Occupied HU | 75 ( 7.6%) |
| Vacant Housing Units | 91 ( 9.2%) |
| Median Home Value | $225,208 |
| Average Home Value | $250,770 |
Housing Distribution
Address Breakdown
Residential
883
Single Family
883
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1950
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48414, Bancroft, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 991 (100%) |
| Owner Occupied HU | 825 (83.2%) |
| Renter Occupied HU | 75 ( 7.6%) |
| Vacant Housing Units | 91 ( 9.2%) |
| Median Home Value | $225,208 |
| Average Home Value | $250,770 |
Housing Distribution
Address Breakdown
Residential
883
Single Family
883
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices